While appointed to their respective roles at different times, there are few new general managers at ADESA locations. The company has new/recent GMs at its locations in Indianapolis, Jacksonville, Fla.; Ocala, Fla.; Memphis, Tenn.; Buffalo, N.Y.; Pittsburgh; Atlanta; and Sarasota, Fla. ADESA parent company Carvana provided a rundown of each location’s new GM: — ADESA […] [Read More]

On the same day it launched a new electric offering, Carvana announced its latest auction and reconditioning Megasite. The company said Wednesday it will bring the Carvana Inspection and Reconditioning Center capabilities (IRC) to its ADESA Colorado Springs auction, which will continue to host digital and in-lane auction services. This is Carvana’s ninth Megasite. “After […] [Read More]

There might be several used-car managers or buyers for a dealership or group who began a sentence recently with some salty language followed by, “This feels like 2021.” Black Book reported all 22 vehicle segments that analysts monitor in the wholesale market increased in value last week. It’s the first time that’s happened since November […] [Read More]

Call them the bus driver, because ServNet Auction Group is taking folks to school. Or at least creating an easier path for them to get there. The auction group announced this week that it has awarded $44,500 in scholarships to 14 students pursuing higher education opportunities as part of the ServNet Scholarship Program. The program […] [Read More]

The merger of XLerate Group and America’s Auto Auction — announced in late 2021 and completed in early 2022 — to form what’s now known as America’s Group was “about more than just a business transaction,” CEO Chuck Tapp says. “It was an opportunity to create a more robust, capable network that would ultimately serve our customers better,” Tapp said in a news release earlier this year. “Our goal was to build a stronger company that could not only meet the demands of today’s automotive market but also adapt to its evolving needs.” Some 40 months into that merger, America’s Group has ... [Read More]

OPENLANE will have a new executive vice president and chief financial officer in place effective on May 27. Late on Tuesday, the company named Brad Herring as its incoming CFO to be responsible for leading all financial, reporting and investor-facing functions across OPENLANE, including the company’s capital investment strategy. According to a news release, Herring […] [Read More]

Salvato Auctions said it will officially launch this summer. But on Tuesday, the auction platform for insurance vehicles announced the appointment of Dan Oscarson as head of global buyer development. With more than 30 years of experience in the auto auction industry, Salvato highlighted Oscarson brings deep expertise and proven leadership to help the company […] [Read More]